Allianz Asset Management GmbH Has $14.88 Million Stock Holdings in Benchmark Electronics, Inc. $BHE

Allianz Asset Management GmbH decreased its position in Benchmark Electronics, Inc. (NYSE:BHE) by 9.1% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 385,883 shares of the technology company’s stock after selling 38,803 shares during the period. Allianz Asset Management GmbH owned about 1.07% of Benchmark Electronics worth $14,876,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the business. AlphaQuest LLC lifted its position in shares of Benchmark Electronics by 50.4% in the third quarter. AlphaQuest LLC now owns 46,739 shares of the technology company’s stock worth $1,802,000 after purchasing an additional 15,667 shares in the last quarter. SummerHaven Investment Management LLC acquired a new stake in Benchmark Electronics in the 3rd quarter valued at $812,000. Y Intercept Hong Kong Ltd lifted its position in Benchmark Electronics by 49.2% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 68,067 shares of the technology company’s stock worth $2,624,000 after buying an additional 22,437 shares in the last quarter. Teacher Retirement System of Texas boosted its stake in shares of Benchmark Electronics by 1.6% during the 3rd quarter. Teacher Retirement System of Texas now owns 140,348 shares of the technology company’s stock worth $5,410,000 after buying an additional 2,256 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in shares of Benchmark Electronics by 18.1% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 18,230 shares of the technology company’s stock valued at $703,000 after acquiring an additional 2,795 shares in the last quarter. 92.29% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Needham & Company LLC upped their target price on Benchmark Electronics from $55.00 to $62.00 and gave the stock a “buy” rating in a report on Wednesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Benchmark Electronics in a research report on Wednesday, January 21st. Lake Street Capital set a $62.00 price objective on Benchmark Electronics in a report on Wednesday. Finally, Wall Street Zen raised shares of Benchmark Electronics from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $62.00.

Insider Activity at Benchmark Electronics

In other Benchmark Electronics news, SVP Jan M. Janick sold 8,967 shares of the firm’s stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $42.66, for a total transaction of $382,532.22. Following the completion of the sale, the senior vice president directly owned 53,401 shares in the company, valued at $2,278,086.66. This trade represents a 14.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Rhonda R. Turner sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $47.83, for a total value of $478,300.00. Following the sale, the senior vice president owned 34,701 shares of the company’s stock, valued at approximately $1,659,748.83. This represents a 22.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 63,967 shares of company stock worth $3,029,458. 2.20% of the stock is currently owned by corporate insiders.

Benchmark Electronics Stock Performance

Shares of NYSE BHE opened at $58.39 on Friday. The company has a current ratio of 2.28, a quick ratio of 1.50 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $2.08 billion, a P/E ratio of 84.62 and a beta of 1.03. Benchmark Electronics, Inc. has a 12 month low of $30.73 and a 12 month high of $59.50. The stock has a 50 day moving average of $47.73 and a 200-day moving average of $43.18.

Benchmark Electronics (NYSE:BHE) last announced its quarterly earnings results on Tuesday, February 3rd. The technology company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.07. Benchmark Electronics had a return on equity of 6.48% and a net margin of 0.93%.The business had revenue of $704.00 million during the quarter, compared to the consensus estimate of $696.67 million. During the same quarter last year, the firm posted $0.61 EPS. The company’s quarterly revenue was up 7.2% on a year-over-year basis. Benchmark Electronics has set its Q1 2026 guidance at 0.530-0.590 EPS.

Benchmark Electronics Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 13th. Stockholders of record on Wednesday, December 31st were paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Wednesday, December 31st. Benchmark Electronics’s dividend payout ratio (DPR) is currently 98.55%.

Benchmark Electronics Profile

Benchmark Electronics, Inc is a global provider of comprehensive electronics manufacturing services (EMS) and integrated engineering solutions. The company offers a full suite of services that span the entire product lifecycle, from early‐stage design and prototyping to high‐volume production and aftermarket support. Benchmark serves diverse end markets, including industrial automation, medical devices, communications, aerospace and defense, and semiconductor equipment.

At the core of Benchmark’s offering are printed circuit board assemblies (PCBA), system integration, box build assemblies and turnkey manufacturing.